JPMorgan to face criminal proceedings on subprime mess/Andrew Maguire & Max Keiser discuss the JPMorgan whistleblower
by Harvey Organ, HarveyOrgan.Blogspot.ca:
Good evening Ladies and Gentlemen:
Gold closed down $10.90 cents to $1316. (comex closing time ). Silver was down 27 cents to $21.54
In the access market today at 5:15 pm tonight here are the final prices:
gold: $1323.40
silver: $21.67
At the Comex, the open interest in silver fell by another 520 contracts to 111,998.
The open interest on the entire gold comex contracts rose by 1227 contracts to 378,751.
Tonight, the Comex registered or dealer inventory of gold remains constant tonight. It is now well below the 1 million oz mark, and also is well below the 700,000 level recording at 672,042. oz or 20.90 tonnes . With no gold entering the dealer side it seems almost impossible for the bankers to settle upon longs once the December contract hits. The total of all gold at the comex (dealer and customer) falls badly tonight and below the 7 million oz barrier resting at 6.890 million oz or 214.30 tonnes.
